India’s wealth of natural resources – renewable and finite – together are set to drive India’s economic growth over the next 20-30 years. With robust GDP growth and burgeoning population, India has ravenous appetite for consumption of a wide variety of commodities including foods, fibers, energy products and metals of all kinds. India will become a major producer, processor, consumer and trader of a wide range of commodities. If production growth trails consumption growth, India is sure to become a very large importer of many commodities such as food products, energy products and metals. Existing large imports of crude oil, gold, fertilizers and vegetable oil are glaring examples. Read more...